SOCAR Polymer LLC

About the company: SOCAR Polymer LLC is a petrochemical company incorporated on July 16, 2013. It was established on a Public-Private-Partnership basis with the involvement of SOCAR and Pasha, Gilan and Azersun Holdings.The Project consists of construction of two facilities for production of 200KT of Polypropylene (“PP”) and 120KT of High Density Polyethylene (“HDPE”) within Sumgait Chemical Industrial Park. PP production will start in 2017 and HDPE in 2018.More than 70% of the production volume will be exported to the Western and Central Europe, as well as Turkey and Russia. The rest is planned to have import replacement effect for domestic market.Leading global engineering companies, such as Fluor and Tecnimont, are engaged in the project to set international practices and methodologies for project management.